Muthoot Finance has approved raising funds up to ₹35,000 crores through the issuance of Redeemable Non-Convertible Debentures (NCDs). This decision was made at a board meeting held on November 13, 2025. The NCDs will be issued via private placement in multiple tranches, as determined by the Board of Directors or a designated committee. The fund raising is subject to regulatory approvals and market conditions.
Debenture Issue Approval
The Board of Directors of Muthoot Finance Limited approved a proposal to raise funds through the issuance of Redeemable Non-Convertible Debentures (NCDs) at a meeting held on November 13, 2025.
Fund Raising Details
The company plans to raise up to ₹35,000 crores through this issuance. The NCDs will be offered via private placement, and the issuance may occur in multiple tranches. The specifics of each tranche will be determined by the Board of Directors or a designated committee at a later date.
Key Terms of the Debentures
Details such as the tenure of the instruments, the allotment date, the maturity date, coupon or interest rates, the schedule for coupon/interest and principal payments, and any associated charges or security, will be determined at the time of allotment by the Board of Directors or Committee thereof.
Listing
The debentures are proposed to be listed on either BSE or NSE, with the final decision to be made by the Board of Directors or a designated committee.
Source: BSE